Egypt has participated in MIPIM exhibition that is being held in Cannes in France, where the most important projects currently being implemented in Egypt are presented, Invest-Gate reports.

The Ministry of Housing, Utilities and Urban Communities represented the Egyptian government during the event, while 13 real estate development companies and consulting offices are representing the private sector.

Khaled Abbas, Deputy Minister of Housing, Utilities and Urban Communities for National Projects, Mostafa Abdel Wahab, member of the Minister’s Technical Office and Amr Khattab, Member of the Minister’s Technical Office, will participate in the Egyptian delegation.

For his part, Khaled Abbas says that the MIPIM exhibition is one of the largest real estate exhibitions in Europe and in the world, with the participation of more than 50 countries, more than 1,000 real estate projects and more than 5,000 investors and funds. In addition to the largest banks in the world.

Abbas states, “Egypt’s participation in 2022 is the 2nd in this exhibition, as it participates in an official pavilion, stressing that this exhibition is an opportunity to market Egyptian projects, increase foreign investment opportunities in the country, and is a step to exporting real estate outside Egypt.”

Besides, Christophe Chauvard, Head of MIPIM Exhibition, praises the Egyptian pavilion, which includes a large number of distinguished projects in the NAC, New Alamein and others, stressing that he will study with the exhibition officials the idea of ​​establishing it in Egypt, especially in light of the clear progress made in the real estate development sector recently.

In addition, Amr Khattab states “the ministry is participating in a session on “Investment and Fourth-Generation Cities” in the conference chaperoning the exhibition.”

Mustafa Abdel Wahab explains that the exhibition includes more than 1,300 decision-makers from different countries, which helps to sign several agreements in the field of real estate investment.